Community Leadership Academy Inc
Analysis
Community Leadership Academy Inc is a registered charity in United States, based in Commerce City, CO. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2024, Community Leadership Academy Inc reported income of $10.4m and spending of $9.7m, spending 94% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $8.5m to $10.4m (+23%), an average of +5.2% a year. Over the whole period it spent 83% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Community Leadership Academy Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within CO. Charities of a similar size with the same main cause include Edreports Org Inc ($10.4m), Academy at the Lakes Inc ($10.4m) and Laurus Collegiate Inc ($10.4m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 26% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $288k (3.0% of expenses). Other salaries and wages came to $3.6m. At year end it held assets of $30.9m against liabilities of $34.0m, net assets of -$3.1m. It reported 135 employees.
Income and spending
Where the income comes from
- Contributions & grants 26%
- Program services 69%
- Other 4.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Edreports Org Inc | Raleigh | $10.4m |
| Academy at the Lakes Inc | Land O Lakes | $10.4m |
| Laurus Collegiate Inc | Aurora | $10.4m |
| Dr Lena Edwards Charter School | Jersey City | $10.4m |